Kathy C. Thompson Sells 2,609 Shares of Stock Yards Bancorp Inc (NASDAQ:SYBT) Stock

Stock Yards Bancorp Inc (NASDAQ:SYBT) insider Kathy C. Thompson sold 2,609 shares of the stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $34.51, for a total transaction of $90,036.59. Following the completion of the transaction, the insider now owns 38,448 shares in the company, valued at $1,326,840.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Kathy C. Thompson also recently made the following trade(s):

  • On Wednesday, June 5th, Kathy C. Thompson sold 1,500 shares of Stock Yards Bancorp stock. The shares were sold at an average price of $34.04, for a total transaction of $51,060.00.

Shares of NASDAQ SYBT traded up $0.14 during mid-day trading on Friday, reaching $35.67. 32,976 shares of the company were exchanged, compared to its average volume of 48,867. Stock Yards Bancorp Inc has a twelve month low of $28.02 and a twelve month high of $39.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.94 and a quick ratio of 0.94. The firm’s 50-day moving average is $34.85. The company has a market capitalization of $814.10 million, a PE ratio of 14.74 and a beta of 0.48.

Stock Yards Bancorp (NASDAQ:SYBT) last issued its quarterly earnings data on Wednesday, April 24th. The bank reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.09. The business had revenue of $40.72 million during the quarter, compared to analysts’ expectations of $41.10 million. Stock Yards Bancorp had a net margin of 31.99% and a return on equity of 16.01%. As a group, analysts expect that Stock Yards Bancorp Inc will post 2.57 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Monday, June 17th were given a $0.26 dividend. The ex-dividend date was Friday, June 14th. This is a boost from Stock Yards Bancorp’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 2.92%. Stock Yards Bancorp’s payout ratio is presently 42.98%.

Institutional investors have recently made changes to their positions in the stock. Bank of Montreal Can grew its holdings in shares of Stock Yards Bancorp by 35.7% during the 4th quarter. Bank of Montreal Can now owns 2,704 shares of the bank’s stock valued at $89,000 after purchasing an additional 712 shares during the last quarter. Farmers National Bank bought a new stake in shares of Stock Yards Bancorp during the 1st quarter valued at approximately $94,000. SG Americas Securities LLC bought a new stake in shares of Stock Yards Bancorp during the 1st quarter valued at approximately $117,000. First Hawaiian Bank grew its holdings in Stock Yards Bancorp by 28.4% during the 1st quarter. First Hawaiian Bank now owns 4,470 shares of the bank’s stock worth $151,000 after acquiring an additional 990 shares during the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in Stock Yards Bancorp by 589.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,495 shares of the bank’s stock worth $152,000 after acquiring an additional 3,843 shares during the last quarter. 50.20% of the stock is currently owned by institutional investors.

Several equities research analysts have recently issued reports on SYBT shares. BidaskClub raised shares of Zai Lab from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 28th. ValuEngine raised shares of Vistra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, July 3rd. Finally, Zacks Investment Research raised shares of DLH from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th.

About Stock Yards Bancorp

Stock Yards Bancorp, Inc operates as the holding company for Stock Yards Bank & Trust Company that provides commercial and personal banking services in Louisville, Indianapolis, and Cincinnati. Its deposit products include demand deposits, savings deposits, money market deposits, and time deposits.

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Insider Buying and Selling by Quarter for Stock Yards Bancorp (NASDAQ:SYBT)

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